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Chen Lin Education Group Holdings (HKSE:01593) Debt-to-Asset : 0.57 (As of Feb. 2024)


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What is Chen Lin Education Group Holdings Debt-to-Asset?

Chen Lin Education Group Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was HK$858.2 Mil. Chen Lin Education Group Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was HK$1,754.3 Mil. Chen Lin Education Group Holdings's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Feb. 2024 was HK$4,588.9 Mil. Chen Lin Education Group Holdings's debt to asset for the quarter that ended in Feb. 2024 was 0.57.


Chen Lin Education Group Holdings Debt-to-Asset Historical Data

The historical data trend for Chen Lin Education Group Holdings's Debt-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Chen Lin Education Group Holdings Debt-to-Asset Chart

Chen Lin Education Group Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Aug22 Aug23 Aug24
Debt-to-Asset
Get a 7-Day Free Trial 0.29 0.36 0.43 0.52 0.56

Chen Lin Education Group Holdings Semi-Annual Data
Dec16 Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.43 0.48 0.52 0.57 0.56

Competitive Comparison of Chen Lin Education Group Holdings's Debt-to-Asset

For the Education & Training Services subindustry, Chen Lin Education Group Holdings's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Chen Lin Education Group Holdings's Debt-to-Asset Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Chen Lin Education Group Holdings's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Chen Lin Education Group Holdings's Debt-to-Asset falls into.



Chen Lin Education Group Holdings Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Chen Lin Education Group Holdings's Debt-to-Asset for the fiscal year that ended in Aug. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(667.643 + 1651.107) / 4455.038
=0.52

Chen Lin Education Group Holdings's Debt-to-Asset for the quarter that ended in Feb. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(858.171 + 1754.258) / 4588.854
=0.57

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Chen Lin Education Group Holdings  (HKSE:01593) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


Chen Lin Education Group Holdings Debt-to-Asset Related Terms

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Chen Lin Education Group Holdings Business Description

Traded in Other Exchanges
N/A
Address
No. 001, Xinjian Lianfu Dadao, Jiangxi, Nanchang, CHN
Chen Lin Education Group Holdings Ltd is engaged in the provision of private tertiary education services in the PRC. The group derives revenue from Tuition fees, Boarding fees, Internship management fees, Tutoring and program management services, and others.
Executives
Huang Yulin 2201 Interest of corporation controlled by you
Huangyulin Holdings Limited 2101 Beneficial owner
Wang Li

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